Baby Doge Coin (BABYDOGE) has showcased a highly impressive performance over the last couple of days, with a consistent surge in price. The price surged 15% after a new DAO proposal to eliminate transaction tax. BABYDOGE has crossed $10 million in token locks and $60 million in total value locked (TVL). This cryptocurrency has rallied 20% in 24 hours, showing evident market impact. There's an optimistic price prediction for the coin in 2024, fueled by new listing announcements. BABYDOGE is also strengthening its presence with NFT collaborations and multiple presale successes. Despite criticisms of meme coins,
Baby Doge is demonstrating constant growth. It's challenging the dominance of Shiba Inu and other rising stars in the meme coin market. It's also commendable that
Baby Doge is establishing bridges with Ethereum and BNB to boost its market reach. Additional notable achievements include securing significant exchange listings, launching its NFTs, enabling burn estimates for its swap service and renouncing its token contract on Ethereum and BNB Chain. However, it's also important to acknowledge the risks, notably the dominance of coin supplies by whales, which might indicate a market manipulation risk. Yet, BABYDOGE has made its mark with immense growth among top 100 coins.
Baby doge News Analytics from Mon, 07 Jun 2021 05:59:19 GMT to Mon, 22 Jul 2024 07:00:00 GMT -
Rating 7
- Innovation -6
- Information 7
- Rumor 4
